University Corporation At Monterey Bay

Organization Overview

University Corporation At Monterey Bay is located in Seaside, CA. The organization was established in 1995. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2021, University Corporation At Monterey Bay employed 784 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Corporation At Monterey Bay is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, University Corporation At Monterey Bay generated $49.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $56.8m during the year ending 06/2021. While expenses have increased by 5.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, University Corporation At Monterey Bay has awarded 75 individual grants totaling $32,406,391. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO FURTHER THE PROGRAMS OF THE CALIFORNIA STATE UNIVERSITY, MONTEREY BAY AND SUPPORT THE UNIVERSITY'S SCIENTIFIC, LITERARY, EDUCATIONAL AND CHARITABLE PURPOSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOUSING, DINING AND RESIDENTIAL LIFE PROGRAM FOR STUDENTS, FACULTY AND STAFF OF THE UNIVERSITY.


GRANTS & CONTRACTS: EXTERNALLY SPONSORED PROJECTS ADMINISTERED BY THE CORPORATION FOR THE UNIVERSITY.


CAMPUS SUPPORT, DEVELOPMENT AND INFRASTRUCTURE: VARIOUS BUILDING AND OTHER PROJECTS FOR THE BENEFIT OF THE UNIVERSITY AND ITS AUXILIARIES


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Andy's Roofing Company Inc
Roofing
$535,575
Frank M Booth Inc
Construction
$654,727
Greystar
Property Management
$453,678
Central Electric
Electrical
$331,118
Universal Coatings Inc
Roofing
$354,861
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$20,286,607
Investment income $962,154
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$427,192
Net Gain/Loss on Asset Sales $3,527,418
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $80,926
Miscellaneous Revenue$0
Total Revenue $49,155,763

Grants Awarded

Over the last fiscal year, University Corporation At Monterey Bay has awarded $6,673,905 in support to 11 organizations.

Grant RecipientAmount

CALIFORNIA STATE UNIVERSITY MONTEREY BAY

PURPOSE: UNIVERSITY SUPPORT AND SCHOLARSHIPS

$5,259,289

HARTNELL COLLEGE

PURPOSE: SUBAWARD

$475,662

CAL POLY CORPORATION

Org PageRecipient Profile

San Luis Obispo, CA

PURPOSE: SUBAWARD

$288,992

EL CAMINO COMMUNITY COLLEGE

PURPOSE: SUBAWARD

$205,499

CSU DOMINGUEZ HILLS FOUNDATION

Org PageRecipient Profile

Carson, CA

PURPOSE: SUBAWARD

$199,698

FOUNDATION OF CALIFORNIA STATE UNIVERSITY MONTEREY BAY

Org PageRecipient Profile

Seaside, CA

PURPOSE: UNIVERSITY SUPPORT

$101,541
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 18 grants that University Corporation At Monterey Bay has recieved totaling $1,002,384.

Awarding OrganizationAmount
Strivetogether Inc

Cincinnati, OH

PURPOSE: Challenge Fund

$250,000
$165,632
Koret Foundation

San Francisco, CA

PURPOSE: KORET SCHOLARS PROGRAM

$106,460
Koret Foundation

San Francisco, CA

PURPOSE: 30-TO-FINISH PROGRAM

$100,000
College Futures Foundation

Oakland, CA

PURPOSE: STUDENT-CENTRIC PRACTICES PROGRAM GRANT

$100,000
Spencer Foundation

Chicago, IL

PURPOSE: WRITING FROM THE HEART: TEACHER INQUIRY INTO CULTURALLY SUSTAINING WRITING PEDAGOGY

$60,000
View Grant Recipient Profile

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